OpeOluwani Akintayo Lagos — Oil and gas companies are beginning to slash budgets in the wake of the crash in…
Browsing: Oil
LONDON — Global oil consumption is in free-fall, heading for the biggest annual contraction in history, as more countries introduce…
Vienna, Austria — Leaders expressed deep concerns about the grave global health crisis caused by the coronavirus (COVID-19) and its…
Lagos — Russia is expected to lead the refining industry capacity growth in the Former Soviet Union (FSU) from active…
Lagos — The Lagos State Emergency Management Agency boss, Dr Femi Oke-Osanyintiolu, has confirmed the recovery of 11 unidentified bodies…
Houston — The gasoline-producing fluidic catalytic cracker (FCC) at Lyondell Basell Industries’ 263,776 barrel-per-day (bpd) Houston refinery is expected to…
OpeOluwani Akintayo Lagos — Nigeria’s number one crude grade, Bonny Light currently battles for market share at the international market,…
DUBAI — Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak,…
Lagos — A fresh pipeline explosion has rocked the Abule-ado area of Amuwo Adofin, destroying properties worth millions of naira.…
Dubai — Iran has decided to halt work on the expansion of its Abadan oil refinery until mid-April as part…